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Puma Shares Rise 2.3% and Adidas Gains 1.3% After Deckers Outdoor Forecast Beats Estimates

May 22, 2026
04:46 PM
3 min read

Key Points

Puma up 2.3 percent after strong sector demand signals.

Adidas gains 1.3 percent on improved outlook.

Deckers raises revenue forecast to 4.9 billion dollars.

Sportswear demand supported by a 200 billion dollar global market.

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Global sportswear stocks gained as Puma rose 2.3 percent and Adidas climbed 1.3 percent after Deckers Outdoor issued a stronger-than-expected forecast. The update lifted sentiment across the footwear sector, supported by improving demand for running and lifestyle shoes. Deckers raised its revenue outlook to about 4.9 billion dollars versus estimates near 4.7 billion dollars, driven by strong Hoka and UGG sales. The move signaled broader strength in global sportswear demand worth over 200 billion dollars annually.

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Puma shares react after Deckers Outdoor’s forecast

Puma shares increased 2.3 percent after Deckers Outdoor raised its growth outlook, triggering positive sector sentiment. Adidas also gained 1.3 percent as investors priced in stronger demand visibility. Deckers now expects nearly 10 percent revenue growth, above market expectations.

• Deckers’ revenue forecast raised to 4.9 billion dollars versus 4.7 billion expected
Puma up 2.3 percent on sector optimism
• Adidas up 1.3 percent on improved demand outlook
Global footwear demand is rising nearly 8 to 10 percent in the premium segment

Investors also ask: Why did Puma rise today

Puma rose because strong guidance from a major footwear peer signals broader industry demand strength.

Adidas gains as sector outlook improves

Adidas rose 1.3 percent as sportswear demand improved across Europe and North America. The stock has recovered nearly 18 percent from recent lows, supported by better inventory control and stronger orders.

• Adidas up 1.3 percent in global trading
• Inventory reduced by 12 to 15 percent year on year
• Revenue growth expected at 5 to 7 percent
• Running segment contributes over 30 percent of growth

Investors also ask: Is Adidas recovery stable

Adidas recovery is improving with expected revenue growth of 5 to 7 percent and stronger running category demand.

Puma outlook supported by demand recovery

Puma sentiment improved as investors focused on better global retail demand and margin targets near 8 percent. The company expects mid-single-digit revenue growth supported by running and lifestyle products.

• Margin target near 8 percent for Puma
• The global sportswear market is above 200 billion dollars
• Running category growing nearly 9 percent annually
• E-commerce contributes over 25 percent of sales

Investors also ask: What drives Puma’s growth

Puma’s growth is driven by e-commerce expansion, running shoes demand, and lifestyle footwear sales.

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Final Analyst Review On Sportswear Sector Outlook For Puma and Adidas 

The outlook for Puma and Adidas remains mildly positive after Deckers Outdoor lifted its revenue guidance to about 4.9 billion dollars, signaling stronger global demand in the 200 billion dollar sportswear market. Puma’s 2.3 percent rise reflects improving investor confidence, supported by better momentum in running and lifestyle footwear categories. Adidas gaining 1.3 percent shows steady recovery, with revenue growth expectations in the 5 to 7 percent range driven by improved inventory balance and stronger wholesale orders. However, demand conditions in the US and Europe remain uneven, with inflation still near 3 percent, affecting discretionary spending. Both brands continue to rely heavily on running, performance, and lifestyle segments for sustained growth, while competitive pressure and pricing sensitivity remain key risks for the next two quarters. 

Disclaimer

The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.

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